12 Tay Lane
Rural Richmond Hill, Richmond Hill
$1,084,000
Welcome to 12 Tay Lane! One of the newest modern townhomes to have a highly sought after Richmond Hill address. This townhome is located in the 3rd phase of Ivylea. It features a double-car garage with 10' ceilings on the main floor and over $70,000 in upgrades including flooring, stairs, pot lights and kitchen upgrades. The home comes with a PDI as well as a full Tarion warranty. Ideally located just minutes away from Hwy 404, Gormley Go Station, Costco, Home Depot, banks supermarkets and restaurants. Zoned for the top-ranking Richmond Green Secondary School. Don't miss this rare opportunity for a brand new never lived in home in a prime location. *Kitchen photography has been virtually staged. Maintenance Fees $355.56
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| Type | Att/Row/Townhouse |
| Style | 3-Storey |
| Approx. Age | New |
| Size | 2000-2500 sq. ft. |
| Property Tax | --- |
| Lot Size | 19.69 ft x 64.5 ft |
| mls© Number | N13494584 |
| Listed By | RESIDENTIAL DEVELOPMENT SERVICES INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,548
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Housing costs
- $5,698 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$175,000
gross annual household income
- Payment at 4%
- $4,562 / mo
- Cash down
- $216,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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